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On September 19, 2024
3 Sources
[1]
UAE: One Development set to launch $544mln project in City of Arabia
UAE-based One Development has announced plans to launch its flagship AED2 billion ($544 million) project, in Dubai's City of Arabia, blending innovation, AI, community and sustainability amid growing international investor interest in the UAE's burgeoning real estate market. Strategically located at the heart of Sheikh Mohamed bin Zayed Road, the project will be the UAE's first residential community with groundbreaking AI integration. The project will not only redefine urban living but also set new standards for sustainability and technological innovation in the real estate sector, said the global boutique developer which has offices in Abu Dhabi and Dubai. One Development has an ethos of abiding by its four defining core values of integrity, innovation, empowerment and consumer-centricity. The company's experienced team is dedicated to delivering excellence in every project, creating modern, sustainable communities where residents feel deeply connected to their surroundings. With a strong commitment to innovation, AI integration, community and sustainability, it aims to deliver exceptional living spaces that harmoniously connect people and places, guided by a vision of crafting unique lifestyle experiences that reflect the aspirations of its exclusive clientele. The launch comes at a time when the UAE continues to witness an ever-increasing appetite from international investors seeking prime opportunities in the country's dynamic and resilient real estate market. On the new project, Chairman Ali Al Gebely, said: "ONE Development embodies the inspiration of the UAE's ambition and unique environment. With a well-defined vision for growth, our mission is to become a key major player in the real estate industry. We are committed to delivering customer-centric efficient development communities that align with the evolving market needs of the UAE." "Through innovative AI prop-tech and relentless pursuit of perfection in livability, we aim to create homes that reflect both our clients' aspirations and the highest international standards," stated Al Gebely, who brings over 20 years' experience across multiple sectors. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
[2]
One Development launches $545mln flagship project in Dubai
UAE-based real estate developer One Development will launch its flagship 2 billion UAE dirhams ($544.52 million) project in the City of Arabia in Dubai. The project will be the UAE's "first residential community with AI integration", Chairman Ali Al Gebely said in a statement. No project details and construction timelines were given. (Editing by Anoop Menon) (anoop.menon@lseg.com) Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
[3]
One Development set to launch AED 2bln project in City of Arabia, redefining the UAE's real estate landscape
Dubai, UAE: The UAE's real estate sector welcomes a distinguished new player with the establishment of One Development, a homegrown international boutique developer with offices in Abu Dhabi and Dubai. Poised to elevate the country's real estate industry standards, One Development is set to launch its flagship AED 2 billion project in Dubai's City of Arabia, expected to become an iconic strategic development that will attract investors. With a strong commitment to innovation, artificial intelligence integration, community and sustainability, One Development aims to deliver exceptional living spaces that harmoniously connect people and places, guided by a vision of crafting unique lifestyle experiences that reflect the aspirations of its exclusive clientele. The launch comes at a time when the UAE continues to witness an ever-increasing appetite from international investors seeking prime opportunities in the country's dynamic and resilient real estate market. Speaking on the announcement of the launch, company Chairman, Ali Al Gebely, who brings over 20 years' experience across multiple sectors, said: "ONE Development embodies the inspiration of the UAE's ambition and unique environment. With a well-defined vision for growth, our mission is to become a key major player in the real estate industry. We are committed to delivering customer-centric efficient development communities that align with the evolving market needs of the UAE. Through innovative AI prop-tech and relentless pursuit of perfection in livability, we aim to create homes that reflect both our clients' aspirations and the highest international standards." Strategically located at the heart of Sheikh Mohamed bin Zayed Road in City of Arabia, the project will be the UAE's first residential community with groundbreaking AI integration. The project will not only redefine urban living but also set new standards for sustainability and technological innovation in the real estate sector. One Development has an ethos of abiding by its four defining core values of integrity, innovation, empowerment and consumer-centricity. The company's experienced team is dedicated to delivering excellence in every project, creating modern, sustainable communities where residents feel deeply connected to their surroundings. About One Development: One Development is a UAE-based international boutique developer with offices in Abu Dhabi and Dubai, committed to creating unique, sustainable communities that connect people and places. Through the central pillars of innovation, technology, community and sustainability, the company provides a variety of living spaces that reflect its customers' aspirations for rare and exclusive lifestyle experiences. One Development offers a fresh perspective on urban style and elegance, seamlessly integrating artificial intelligence into its communities. For media queries, please reach out to: Wael Sarieddine Mail: wael.sarieddine@viola.ae
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One Development, a UAE-based real estate developer, is set to launch a massive AED 2 billion ($544 million) project in Dubai's City of Arabia. The development aims to redefine luxury living and contribute to the UAE's thriving real estate sector.
One Development, a prominent UAE-based real estate developer, is poised to make a significant impact on Dubai's skyline with the launch of its flagship project in the City of Arabia. The development, valued at AED 2 billion ($544 million), is set to redefine luxury living and contribute to the UAE's burgeoning real estate sector 1.
The ambitious project will be situated in the heart of City of Arabia, a key component of the expansive Dubailand master development. This strategic location places the development in close proximity to major attractions and key areas of Dubai, enhancing its appeal to potential residents and investors 2.
One Development's latest venture promises to offer a unique blend of luxury and innovation. The project is expected to feature state-of-the-art amenities and cutting-edge design elements, catering to the discerning tastes of modern urban dwellers. While specific details about the project's features are yet to be fully disclosed, industry experts anticipate that it will set new standards in residential comfort and lifestyle offerings 3.
The launch of this AED 2 billion project is expected to have a significant impact on the UAE's real estate landscape. It not only demonstrates the continued confidence in Dubai's property market but also highlights the emirate's ability to attract substantial investments in high-end residential developments. The project is likely to create numerous job opportunities and stimulate economic activity in the surrounding areas 1.
In line with Dubai's vision for sustainable urban development, One Development's project is expected to incorporate eco-friendly features and smart technologies. This approach aligns with the growing global trend towards sustainable living and positions the development as a forward-thinking residential option for environmentally conscious buyers 2.
The announcement of this mega-project has generated considerable buzz in the real estate community. Industry analysts are closely watching the development, anticipating that it could set new benchmarks for luxury residential projects in the region. The success of this venture could potentially influence future investments and development strategies in Dubai's competitive real estate market 3.
Dubai Multi Commodities Centre (DMCC) has launched a new AI Centre to foster innovation, develop real-world AI applications, and attract global investors. The initiative aims to position Dubai as a leading hub for AI technology and solutions.
3 Sources
Digital Dubai has approved a set of measures to implement a strategic vision for an AI-powered data center economy in Dubai. The initiative aims to position Dubai as a global hub for data centers and artificial intelligence.
2 Sources
Sharjah, UAE, introduces a groundbreaking AI-powered trade license system, issuing permits in under 5 minutes. This innovative approach, developed in partnership with Microsoft, aims to streamline business processes and boost economic growth.
3 Sources
AI experts highlight the UAE's role in fostering disruptive technologies. The country's strategic initiatives and investments position it as a leader in artificial intelligence and emerging tech fields.
2 Sources
Capstone TG, a UAE-based technology company, has successfully raised Dh20 million in its first funding round to launch a groundbreaking blockchain project. The investment marks a significant milestone in the UAE's growing blockchain ecosystem.
2 Sources